This paper analyses three aspects of the share market operated by the Lima Stock Exchange: (i) the short-term relationship between the pricing, direction and volume of order flows; (ii) the components of the spread and the equilibrium point of the...

Over the past decades, Peru has undergone major reforms in its trade policy. In the 1980s, the country was largely isolated from the global economy. Its national economic policies were focused on protecting domestic industry and preventing the entry...

In a dramatic change of trend, labour formalization took place in Peru in the period covered by this study. The context was one of economic growth accompanied by a labour market reform that created a special regime for micro and small enterprises,...

The Competition Peer Review Report of Peru is the fourth one of a non-OECD country. South Africa and Russia were reviewed at meetings of the OECD Global Forum on Competition (GFC). Chile, and now Peru, were reviewed at meetings of the Latin American ...

I use three non-linear econometric models to identify and analyze business cycles in the Peruvian economy for the period 1980:1-2008:4. The models are the Smooth Transition Autoregressive (STAR) model suggested by Teräsvirta (1994), the extended ...

This book provides a comprehensive assessment of the innovation system of Peru, focusing on the role of government. It provides concrete recommendations and identifies good practices on how to improve policies that affect innovation performance,...

This report reviews the main bottlenecks to boost inclusive development and well-being in Peru. These include education and skills, the labour market, innovation, transport infrastructure and logistics, governance and trust in institutions.

This report sets out how regional policies in Peru can help it to improve productivity and maintain its growth trajectory. It also includes recommendations for how Peru can develop a comprehensive approach to urban policy, including enhancing...